Fukushima Bank (TSE:8562) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is Fukushima Bank LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Fukushima Bank's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Fukushima Bank's long-term debt to total assets ratio declined from Dec. 2022 (0.05) to Dec. 2023 (0.00). It may suggest that Fukushima Bank is progressively becoming less dependent on debt to grow their business.

Fukushima Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fukushima Bank's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fukushima Bank LT-Debt-to-Total-Asset Chart

Fukushima Bank Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.01

0.04

0.06

Fukushima Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.06	-	-	-

Fukushima Bank LT-Debt-to-Total-Asset Calculation

Fukushima Bank's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	47634	/	839877
	=	0.06

Fukushima Bank's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	1841	/	822533
	=	0.00

Fukushima Bank (TSE:8562) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Fukushima Bank LT-Debt-to-Total-Asset Related Terms

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Fukushima Bank (TSE:8562) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fukushima Bank Ltd (TSE:8562) » Definitions » LT-Debt-to-Total-Asset

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Address

2-5 Bansei-cho, Fukushima, JPN, 960-8625

Website

http://www.fukushimabank.co.jp

Fukushima Bank Ltd is a Japan-based company engaged in providing banking and financial services. It provides general banking services like accepting deposits and granting loans. It is also involved in the leasing business.

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